Risk Tip # 10 – Post Event Analysis
Risk Tip # 10 – Post Event Analysis “We learn from history that we do not learn from history.” Georg Wilhelm Friedrich Hegel No matter how well an organisation manages risk, there will still be occasions where incidents occur i.e. risks are realised. In organisations without a well-structured risk management program, these events will likely […]
2018 Blog # 3 – the Incident Database – the Reverse Risk Register
Many organisations maintain an incident database to record the incidents that occur. What I have observed, however, is that the incident databases are not being used to their full effect in that there is no linkage to the risk register. This blog will describe why the linkage is so important and, how to get the […]
2018 Blog # 2 – why Fraud Control Plans are Completely Unnecessary
One of the plans that I see almost universally in government organisations, as well as in many large private companies, is the Fraud Control Plan. It’s usually in place to highlight the organisation’s approach to preventing, detecting and responding to fraud. In my experience, however, these documents just become shelf ware until the next time […]
Hindsight 20/20 #2 – Colonel – we have a problem
In mid-February KFC announced that it was shutting the majority of its stores across the UK and Ireland due to, of all things, a chicken shortage that was caused by the introduction of a new delivery contractor, that had taken over from an established food distributor that had worked with the fried chicken brand for […]
Risk Tip # 9 – Describing Risk Treatments
I love reading risks treatments in risk registers – they are always so descriptive. Some of the treatments I have taken from risk registers over time are shown below: better communication; training in contract management; rolling fraud audit program; additional physical security; more management oversight and action; better change management; and/or recruit additional staff. increased […]
Hindsight 20/20 – this is not a drill
On Saturday 13th January 2018, the Hawaiian Emergency Management Agency (HEMA) sent out a missile alert: What followed were scenes of absolute fear, confusion and chaos as Hawaiians sought shelter where they could: under bridges, in underground shelters, with video even emerging of a father lowering his child into a drain so she would be […]
Risk Tip # 8 – Capturing the right risks in your risk register
Lack of qualified staff would have to be one of the risks that I see most often in risk registers. You may even have it in yours. Other risks that I see on a regular basis in risk registers include: lack of funding; failure to meet the Government’s reform agenda; project does not meet its […]
Another Honour for Janine
In my previous newsletter I mentioned that NZ Police, under the stewardship of Janine Foster had received the: Excellence in developing capability in Risk Management award at the New Zealand Risk Management Awards. Janine joins Emma Johnston (2015) and Emilio Van Doorn (2016) as winners of the award who have attended a course through Paladin […]
What a load of rubbish
Hear my interview on Canberra’s 2CC about business continuity. The ACT garbage truck dispute is causing a bit of a stink. But the real issue is not necessarily about the industrial dispute itself, it’s more about the ACT Government’s response to the disrupted service that’s the more interesting aspect to this smelly saga. One thing […]
Hazard and risk, same thing, right?
In this blog we explain the difference between a hazard and risk.
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